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If you have been unhappy with the search function on Realtor.ca, or just prefer to use the latest, greatest tools, we've got some great news for you.  We have added a new function to our website that will allow you to search all Victoria area MLS listings directly from PreferredHomes.ca without using realtor.ca at all.  Our site lets you search by neighbourhood or by any map area or shape that you specify.  

 

It's easy, free of course, and you don't need to sign up or register for anything.  Just click on "All MLS Listings" under the Listings tab.

 

Would you rather search from your mobile device?  You can do that too!  Just start at our main website, and click on the link to download the software to your mobile phone.  You'll find it just as easy to use and, even better, your phone will show you the details on listings as you drive by them!

 

Enjoy, and please share this with your friends!


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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome located @ 39 Bamford Court.

**Show Home at 39 Bamford Every Sat/Sun 1-4pm** The Poplar offers an unbeatable family layout with a large double garage, spacious main level great room, and three bedrooms up! Here you have your toys and enjoy privacy for each family member, without breaking the bank! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 -Showhome at 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Ashbury provides exceptional value with its large open plan main level, large island kitchen, plus a separate living room. A grand curving staircase leads upstairs to three bedrooms, including a spacious master with walk-in closet and ensuite. Great value in an affordable package! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome @ 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Crownwood greets you with its vaulted foyer as you enter the open plan great room with island kitchen on the main level. Upstairs, generous space continues with three bedrooms plus a loft style den with balcony. A double garage rounds out the excellent value in this large home! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome located @ 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Cedarwood is spacious a 3 bedroom home offering large rooms, an island kitchen with eating bar, and a great room with plenty of windows. The kids can roam free on the lower level with its immense rec room. A bright sunny home with generous room sizes! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome located @ 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Austin offer a great family layout with 3-4 bedrooms, including a large great room upstairs, plus a family room & guest room on the lower level. A great price and lots of space for your family! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $474,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Watching the stats for the last several weeks, clear trends are apparent:

 

* The volume of sales is low and is picking up.

* The number of homes on the market has passed the lowest point of the year and is climbing.

* Selling prices remain flat.

 

When I talk to fellow Realtors, buyers, and sellers, everybody seems to be interpreting things differently.  To put it very plainly, there is always a human tendency to view things that way that we want to view them.  People that are negative about the market, interpret the statistics that way.  Realtors are hoping for a stronger year for their clients and tend to be very buoyant.  Sellers often feel that there home was built with heavy duty nails and is the best on the market.  At The Preferred Homes Team, we try to step aside from our own personal wants and views and look for the opportunities in every market, at every time of the year.

 

I can see both opportunities and risks for both buyers and sellers.  Most of all, I see this as an excellent time of the year to be a buyer.  There is lots of choice out there, prices are definitely down, and there are enough motivated sellers to let you find a great price.  The press continues to spread fear which keeps some buyers out of the market, keeping sales volumes low, making it even better for the knowledgeable buyers who can see things the way that they really are.  As well, first time buyers have an added incentive to buy a newly built home before March 31, 2013 so that they can take advantage of the $10,000 tax refund.  Most of these first time buyers also qualify to skip the property transfer tax, saving several thousand more.  

 

Those serious on selling their home should also consider whether they should list their home today, or wait until later in the spring.  The answer here varies for different types of properties.  If I had a condo to sell, I would likely wait and see how the market develops.  Condo prices are pretty soft right now and we do hope that they strengthen this spring.  Those with waterfront homes and similar properties that benefit from better weather may also benefit from waiting.  

 

Other sellers should give serious consideration to getting their home on the market as soon as possible as inventory levels are considerably lower than they will be a few months from now.  Pricing is not likely to shoot up this spring so I wouldn't recommend waiting for that possibility.  Most important of all, we are seeing very high traffic in several of our listings, higher traffic even than we would expect during the spring rush.  All in all, we hear from buyers that they want to buy, and are having trouble finding properly priced properties.  So, there is your ticket!  Price your home correctly, get it on the market now, and you should have a good chance of finding a buyer.

 

On a final closing note, all of us here at the Preferred Homes Team: Karl Leong, Mark Roozendaal, and Tori Feldman want to pass our thanks to our clients for helping us have our best year ever!  In fact, our little team was involved in more transactions in 2012 than any other team at RE/MAX Camosun.  Our thanks also to our assistant Sydney who accurately processed over 130 properties.  We all look forward to supporting our clients' real estate needs again in 2013.

 

Here are the stats from the last 30 days:

 

Over the last 30 days, 127 single family houses were sold, up by 17 houses from last week.  The median price is up $5,500 to $495,000. The average house was on the market for 80 days.

 

In the same time period, 72 condos were sold, up by 14 condos from last week.  The median price is up $1,675 to $234,675. The average condo was on the market for 63 days.

 

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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome @ 3361 Piper

**Show Home at 3361 Piper open every Sat/Sun 1-4pm** The Bedford offers timeless style with the master suite and all principal rooms on the main level. There are two additional bedrooms upstairs for family or guests. An optional, detached single or double garage is available on some lots. Homes at Hazelwood is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes Net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 -Showhome @ 3361 Piper

**Open house every Sat/Sun 1-4pm - Sales office @ 3361 Piper**The Arthur offers a traditional layout with 3 bedrooms up and a rear garage. The large master boasts a walk in closet and full ensuite. The ground level features a great room with 9? ceilings, gas fireplace and spacious kitchen with island, only a step from your outdoor patio with gas hookup! ?Homes at Hazelwood? is a collection of 50 semi-custom 3-4 bedroom homes priced at $359,900 - $499,900 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more. Choose your plan, your lot, customize, and move into your dream home in about four months. Price includes Net Sales Tax.
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Open House on Saturday, February 2, 2013 13:00 - 16:00 Showhome located @ 3361 Piper

* Show Home Open at 3361 Piper every Sat/Sun 1-4pm* The Coachwood offers the ultimate in privacy and value with 9? ceilings, a spacious great room with gas fireplace, and a large master with ensuite and walk in closet. The spacious 1 bed suite over the detached double garage gives you a lucrative mortgage helper without sacrificing privacy! Homes at Hazelwood is a collection of 3-4 bedroom homes priced at $359,900-$499,900 offering exceptional value with 9ft ceilings, gas fireplaces, gas barbecue outlets, & more. Choose your plan, your lot, customize, and move into your dream home in about 4 months. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. Price includes Net Sales Tax.
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